...Checkpoint: A New House – Readiness This particular project is very close to me, as I am currently pregnant and am working to purchase a house for our family. When reviewing the ten principles of Economics, there are several that play a major role in my decision to purchase a house. First, we as a family needed to understand that there are tradeoffs that will need to be made in order to budget in a house purchase. Frivolous spending such as eating out and purchasing various technological gadgets will have to be monitored more closely and possibly stopped altogether. Also, any old debt would need to be paid off first to make room in the budget for the new debt of the house payments. In order to understand what items are considered frivolous and what old debt is priority, we will need to develop a short and long term budget that addresses where we are currently and where we want to be, and lays out a course of action to meet those goals. Also in the budget and course of action we would need to identify the incentives of purchasing a house, as well as the consequences that can occur. For example, what are the positives of the neighborhood and schools in the area? If one or both of the income providers lost their jobs or became unable to work, what plan of action would take place? These questions and many others would have to be taken into consideration to understand the pros and cons to purchasing a...
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...Week 1 Checkpoint When buying a new house you have to take into context all of the principles. You have to ask yourself how the market is for a house, how have living standards changed, is the government improving the market, and etc. Everything plays a factor when buying a house. The one principle that I think is very important is number six. I think one should know the market value for a buying a house and how the cost of living works. Most people tend to think buying a house can be easy, and that’s not true. A lot goes into planning for buying a house. In the current economy that we are in, the cost of living is high and finding an affordable house is very hard. The government isn’t exactly making the market any better either. With the unemployment rate the way it is, it’s hard enough trying to find a job let alone buying a house. Without a steady source of income, one can find buying a house a very hard task to do. Next you have to think about if you’re really ready to give up something else to gain the house that you want. Most people don’t always think rationally and that’s bad. In most cases like this with a house a person might set their self back into debt by buying a house. You may be taking money from other places just to satisfy this one need, when you have other pressing matters. It’s like you giving up your car payments to save for the house, essentially your give up on your car to satisfy another need. Most people aren’t ready to do that. Then again a lot...
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...Checkpoint: A New House – Readiness Leonard Sugue University of Phoenix XECO 212 Economic Theory Audra Sherwood February 17, 2011 A New House – Readiness Deciding to buy a house is a lifelong goal for many people. Imagine that you are renting a studio apartment and have just discovered you are having a baby. Your present apartment is small and far from schools and local services. You have decided to move. There are many factors that come into play when making such a large and weighty purchase. Examine the decision-making process from the perspective of an economist. In your Final Project, you use these principles and other factors to make a final decision whether to buy a house. Purchasing a home for the first time can be overwhelming. A house can be the largest investment someone makes. It can provide advantages, but it can present disadvantages as well. The following principles can be used when deciding to purchase your first home: People Face Trade-offs (Mankiw, 2007) The Cost of Something Is What You Give Up to Get It (Mankiw, 2007) When deciding to purchase a home, the principle “People Face Trade-offs” can be applied to help make a final decision. Making decisions requires trading off one goal against another (Mankiw, 2007). The buyer must sacrifice a little to gain a lot. First time home buyers must realize that it takes a lot of money to purchase a home. Buyers must sacrifice things such as vacations, movies, special occasions, and...
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...Introduction Consider the following hypothetical: a sole Owner A of rentable house in Colorado considers buying a new lake LBJ house in Taxes. Instead of purchasing new house in Taxes and selling the older rentable house in Colorado, Owner A would like to process an exchange process for those two properties. He wants to take a benefit of like-kind exchange, because under Internal Revenue Code (IRC), like-kind exchange can defer gain and loss from the transaction. Therefore, it may save some tax cost. However, those IRC defined this nontaxable like-kind exchange in an extremely narrow range. Conflicts of the recognition of like-kind properties often happen between taxpayer and the Tax Count. Therefore, it may hard for owner A to take this tax advantage of like-kind exchange. This paper will focus on qualification issue of like-kind exchange. It will firstly briefly show the relevant Federal Income Tax code of like-kind exchange and highlight two controversial parts when those codes applying. Additionally, several relevant cases will be analyzed to show how like-kind exchange property is qualified in real world. Those cases also give Owner A some suggestions of house exchange. Finally, based on cases analyze above, a possible exchange plan of Owner A will be explained. General Rule of Like-kind Exchange IRS Code In general, according to§1031(a), no gain of loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment...
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...Xeco 212 Checkpoint: a New House – Readiness Checkpoint: A New House – Readiness Leonard Sugue University of Phoenix XECO 212 Economic Theory Audra Sherwood February 17, 2011 A New House – Readiness Deciding to buy a house is a lifelong goal for many people. Imagine that you are renting a studio apartment and have just discovered you are having a baby. Your present apartment is small and far from schools and local services. You have decided to move. There are many factors that come into play when making such a large and weighty purchase. Examine the decision-making process from the perspective of an economist. In your Final Project, you use these principles and other factors to make a final decision whether to buy a house. Purchasing a home for the first time can be overwhelming. A house can be the largest investment someone makes. It can provide advantages, but it can present disadvantages as well. The following principles can be used when deciding to purchase your first home: People Face Trade-offs (Mankiw, 2007) The Cost of Something Is What You Give Up to Get It (Mankiw, 2007) When deciding to purchase a home, the principle “People Face Trade-offs” can be applied to help make a final decision. Making decisions requires trading off one goal against another (Mankiw, 2007). The buyer must sacrifice a little to gain a lot. First time home buyers must realize that it takes a lot of money to purchase a home. Buyers must sacrifice...
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...GLG 101 - Week 6 Assignment: Metamorphic Rocks Lab PART 2/2 (UOP) FOR MORE CLASSES VISIT www.glg101tutorial.com Resources: pp. 108–116 of Geoscience Laboratory and Appendixes K & L Identify and classify the rock examples in Appendix K. Answer the Appendix L questions from your lab book. Write your responses in Appendix K. Complete All of Appendix K & L. Post completed Appendix K & L in the individual forum. Due day 7. ================================================= GLG 101 Assignment Deserts Lab (UOP) FOR MORE CLASSES VISIT www.glg101tutorial.com Resources: pp. 265–276 of Geoscience Laboratory and Appendix M Answer the Appendix M questions from your lab book. Write your responses in Appendix M. Complete ALL of Appendix M. Post completed Appendix M to the individual forum. Due day 7. ================================================= GLG 101 Assignment: Earthquake Technology Lab (UOP) FOR MORE CLASSES VISIT www.glg101tutorial.com Resources: pp. 156–170 of Geoscience Laboratory and Appendix F Answer the questions listed in Appendix F from the lab book. Write your responses in Appendix F. Complete ALL of Appendix F. Post the completed Appendix F in the individual forum. Due day 7. ================================================= GLG 101 Assignment Groundwater Lab (UOP) FOR MORE CLASSES VISIT www.glg101tutorial.com Resource: pp. 213–227 of Geoscience Laboratory and Appendix N. Answer the Appendix N questions from...
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...Throughout Homer’s The Odyssey, Odysseus meets many women along the path he takes to make it back home. The women in the Odyssey are all unique and serve a different purpose in Odysseus’ life. Their individual personalities introduce new experiences to better equip Odysseus for what is to come, but their main purpose is to serve as ‘landmarks’ or ‘checkpoints’ for Odysseus. For example, take Penelope, Circe, and Athena. Penelope represents the end, for she is what Odysseus is trying to come back to. Circe would represent the middle, in which most of Odysseus’ battles were fought. And Athena represents the falling actions, the actions that happen after the conclusion. Circe, the powerful witch that caused Odysseus and his great men to falter, is representative of the middle of a book, where the rising actions would occur. On Circe’s island, the men get lured into Circe’s home for they are tricked by Circe’s...
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...Chapter C:1 Tax Research Learning Objectives After studying this chapter, the student should be able to: 1. Distinguish between closed fact and open fact tax situations. 2. Describe the steps in the tax research process. 3. Explain how the facts influence tax consequences. 4. Identify the sources of tax law and assess the authoritative value of each. 5. Consult tax services to research an issue. 6. Apply the basics of Internet-based tax research. 7. Use the citator to assess authorities. 8. Describe professional guidelines that CPAs in tax practice should follow. 9. Prepare work papers and communicate to clients. Areas of Greater Significance Since this will usually be a student’s first exposure to tax research, the importance of the facts to the tax results, federal tax services and the citator should be discussed. The widespread use of Internet-based databases for tax research makes this means of tax research much more important. An effort should be made to introduce Internet-based searches to the students if at all possible. The text discusses two types of professional guidelines for CPAs in tax practice. Areas of Lesser Significance In the interest of time, the following areas may be omitted: Sample work papers and client letter (Appendix A). Problem Areas for Students The following areas may prove especially difficult to students: ...
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...COM 120 Entire Course http://homeworkgallery.com/index.php/product/com-120-entire-course/ http://homeworkgallery.com/index.php/product/com-120-entire-course/ COM 120 Week 1 Single Mother Single mothers in America” is the title that I have chosen for my persuasive essay. I feel that being a single mother myself I can relate to them on the same ground as I am living a life walking in the same shoes as them. “With great power comes great responsibility” is a well known line from the movie Spider man. COM 120 Week 1 Capital Letters 103 1. – At the turn of a new century and a new Millennium, many people are reflecting on the historical changes that have taken place during the past hundred years. – At the turn of a new century and a new millennium, many people are reflecting on the historical changes that have taken place during the past hundred years. 2. – In the late 1990s, Americans began making lists reflecting their choices of the greatest Events, Literature, People, and Films of the century. – In the late 1990s, Americans began making lists reflecting their choices of the greatest events, literature, people, and films of the century. 3. – Most Americans would agree that the two World Wars shaped the twentieth century and this country’s role in it. – Most Americans would agree that the two world wars shaped the twentieth century and this country’s role in it. COM 120 Week 1 Comma Splices and Fused Sentences 562 1. Most people are familiar...
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...|[pic] |Course Syllabus | | |School of Business | | |HTT/250 Version 2 | | |Lodging and Resort Operations: | | |There’s Room In the Inn | Copyright © 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course studies the lodging industry, its history, growth, development, and future direction. It covers front office procedures and interpersonal dynamics from reservations through the night audit. The course also examines career opportunities in lodging and resorts. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject...
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...Essential Features of Effective Communication 1. Listening is the No. 1 Rule Contrary to what some seem to believe, the most important aspect of effective communication isn’t talking, it’s listening. A great amount of miscommunication could be avoided if business owners took the time to communicate effectively, first by listening to the needs of their clients and prospects. Remember, your clients may not need you, but you definitely need your clients or you’re going to be out of business. 2. Clarity is Key What may be second nature to you may seem like a foreign concept to some people. When in doubt, leave out the jargon. However, if a client shows interest in understanding the small details, offer the acronym after you’ve explained what it means. The goal here is to be sure your clients understand what you’re specifically discussing. 3. A Message with Confidence Confidence is an essential role in being able to come across as a master of effective communication. If you demonstrate that you aren’t confident in your abilities, people will instinctively think that you lack experience and are bluffing your way. This may result in: A) the client tries to talk you down from your initial quote; B) the client doesn’t hire you at all; C) the client hires you at your original rate but isn’t confident that you can complete the task to his expectations. 4. When You Can’t See Eye-to-Eye It happens - your personality sometimes clashes with...
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...People Respond to Incentives plays a major role. People look for incentives everyday in shopping for electronics, cars or grocery items. Consumers are always wanting or seeking to find the best deal before there is a purchase made. Making a decision to purchase a house is very important but also when to purchase a house is a major factor. Actually the Checkpoint brings back memories for me. My husband and I were in need of buying a new home because of our new addition. One factor came into to place quickly, location, location, location. We decided to move to a town which provided shopping centers, school and job distance. A potential home buyer next goal is to interact. Interacting plays an important role, as far as looking and seeking where the potential buyer wants to live. How much money and price range is important as well. Both parties will need to interact with both incomes before the purchase. An important factor is how the housing market is progressing, are the potential developments continuing to grow. Are potential buyers exceeding home purchase or is the development not reaching is quota. Over the years the rise and fall of the economy has stagnated potential home buyers. Looking to buy a house in seasons, winter, spring , summer or fall. Most potential buyers want to move before school starts. In all when and where are factors that come into play when buying a...
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...Latonya Rice Jan. 6, 2012 XECO/212 Week One Checkpoint; New House Readiness Deciding to buy a house, in my opinion, would be a lifelong goal that I consider an extremely serious investment. My studio apartment would not be large enough for the newest member arriving to my family; it would only suit the time being. Therefore, I have decided to move to larger accommodations. I have examined the factors that come into play with making such a large and weighty purchase from the perspective of an economist. The principles that I think would play a major role in my decision are: Principles 1 - 10. Principle 1: I would face tradeoffs in purchasing a home, a thorough look at my income and expenses will be a priority (i. e.”what if” scenarios). Principle 2: What can I give up to get my house (i.e. Sacrifices, what is necessary and what’s not). Principle 3: What are the benefits and opportunities of a house over an apartment? Principle 4: What are the incentives for me owning a house? Principle 5: Is this a beneficial trade that can make it better for everyone? Principle 6: Would it be a more beneficial organization owning a house (i. e. being closer to work, schools, etc.)? Principle 7: Would property rights enable more promotion for efficiency and to promote equity? Principle 8: Would this enable a higher standard of living or lower (with the trade- offs in my budget)? Principle 9: Inflation, the growth in the quantity of money (i.e. Would the payments...
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...Background Because of dissatisfaction with the economic and political conditions (forced collectivization of agriculture, repression of private trade, supply gaps), an increasing number of people left the GDR. From January to the beginning of August 1961, about 160,000 refugees were counted. Also, the international political situation was tense. On 1958-11-27, the Soviets (Khrushchev) had delivered their Berlin ultimatum, demanding that the western allies should withdraw their troops from West Berlin and that West Berlin should become a "Free City" within six months. On 1959-02-17, the threat of settling a separate peace treaty between the USSR the GDR followed. The meeting between US President Kennedy and the Prime Minister of the USSR, Khrushchev, on 1961-06-03/04 in Vienna ended without any noticeable results. Generally, measures of the government of the GDR were expected with the aim of preventing people from leaving the GDR. At an international press conference on June 15, 1961, Walter Ulbricht (the leader of the east German communist party, SED, and President of the Privy Council) answered to the question of a journalist: "I understand your question as follows: there are people in West Germany who want us to mobilize the construction workers of the GDR to build a wall. I am not aware of any such plans... No one has the intention of constructing a wall." Construction of the Wall Early in the morning of Sunday, August 13, 1961, the GDR began under the leadership...
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...Team. In this case, you have been notified by Mr. Hirum Andfirum, Human Resources Director for the Makestuff Company, that the company has just terminated Mr. Got Yourprop, a former engineer in the company’s New Products Division, for cause. Mr. Andfirum tells you that at Mr. Yourprop’s exit interview earlier that day, the terminated employee made several statements to the effect of “it is okay because I have a new job already and they were VERY happy to have me come from Makestuff, with ALL I have to offer.” Mr. Yourprop’s statements made Mr. Andfirum fear he might be taking Makestuff’s intellectual property with him to his new employer (undoubtedly a Makestuff competitor). In particular, Mr. Andfirum is worried about the loss of the source code for “Product X,” which the company is counting on to earn millions in revenue over the next three years. Mr. Andfirum provides you a copy of the source code to use in your investigation. Lastly, Mr. Andfirum tells you to remember that the Company wants to retain the option to refer the investigation to law enforcement in the future, so anything you do should be with thought about later potential admissibility in court. The 4th Amendment to the U.S. Constitution reads, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and...
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